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Ford Motor Credit To Raise $1B In Bond Sale

福特汽车信贷出售债券worth $1 billion.

    Ford Motor Creditis selling bonds worth $1 billion,The Wall Street Journalreports. The Ford upgrade exchange linked notes, carrying a coupon rate of 3.98%, will mature on June 17, 2016, addsReuters.

    The financial services arm ofFord Motoris sponsoring the sale through theFUEL Trust 2011-2.Bank of America Securities,Barclays Capital,摩根大通(JP Morgan Chase)andRoyal Bank of Scotlandare the joint book-runners for the transaction.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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